Commercial property in Orlando, Florida 173.36 sq.m. № 2125375

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Commercial property in Orlando, Florida 173.36 sq.m. № 2125375
ID2125375 $ 325 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2125375

Property description

We are pleased to present this LDR/Industrial site for sale. The FLU for this parcel, 434 Ring Road, is LDR (Low Density Residential) which allows up to 4 dwelling units/acre. The Buyer can do a rezoning and FLU map amendment to switch the property to Industrial, and it would probably be successful given most of the block is already industrial (Orange County). The site consists of a 3-bedroom, 1 bath house with a tenant whose lease will be expiring in February 2026 and a second 1 bedroom, 1 bath house on a month-to-month lease. The buyer can determine if they want to keep the existing houses with tenants and structure new leases or demolish both houses for redevelopment as LDR or Industrial. The houses were built in the 1940s.
MLS #: O6364398
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CityOrlando
Address434 RING ROAD
TypeCommercial property
Living space173.36 m²
  • sq. ft
Completion dateIV quarter, 1940
Price
  • Price
  • per m²
$ 325 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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